The parent company of the New York Stock Exchange has explicitly acknowledged that the future competitors they cannot beat are DeFi protocols like Uniswap, not the Chicago Mercantile Exchange or NASDAQ.
DeFi protocols are absolutely undervalued in the current environment.
This price increase was mainly driven by short covering and retail capital flow, rather than a show of firm confidence in the market. Be wary of a "dead cat bounce" market; it has not yet escaped danger, and patience is advised.
1. Yesterday, Bitcoin spot ETF saw a net inflow of $461 million; Ethereum spot ETF net inflow reached $169 million.
2. Bitcoin treasury company Strategy estimated to have purchased 1,762 bitcoins within two days, with 1,000 bitcoins purchased in a single day on Tuesday, setting a new daily purchase record.
3. The parent company of the New York Stock Exchange, ICE, has invested in the cryptocurrency exchange OKX, with a valuation of $25 billion.
4. Major regulatory agencies in the United States have submitted plans to the White House to regulate the cryptocurrency industry and prediction markets. Although specific details have not been disclosed, this is seen as one of the significant measures by the Trump administration in financial market regulation.
5. The Ethereum Foundation states that Ethereum's AI strategic goal is to become the coordination and verification layer for the AI world.
6. Data: Discussions about altcoins on social media have dropped to the lowest level in two years. As of the week ending February 27, the altcoin social dominance index was only 33, far below the 750 recorded in July 2025. Google Trends data also shows that the search interest for 'altcoins' is only 4.
7. Bitcoin and Ethereum options with a nominal value of $2.68 billion will expire on Friday, with maximum pain points of $69,000 and $1,950 respectively.
8. Opinion: Despite Bitcoin's price dropping about 23% from the nearly $125,000 historical high set in early October last year, institutional investors continue to maintain a steady holding attitude. Professional investors have only slightly reduced their positions, while long-term investors such as pension funds and sovereign wealth funds continue to 'silently increase' their holdings. The report notes that global Bitcoin ETF inflows remain positive, indicating that the sell-off in the fourth quarter is more from long-term holders taking profits rather than new institutional funds withdrawing.